Cooley Selected to Advise in Several Major Retail Bankruptcies

NEW YORK, NY--(Marketwire - April 21, 2008) - Cooley
Godward Kronish announced today that the Firm's Bankruptcy and
Restructuring group has been selected as committee counsel in several major
retail insolvencies in recent months. Led by Partner Larry Gottlieb, the
group is representing creditors' committees for retailers including The
Sharper Image, CompUSA, Lillian Vernon, Harvey Electronics, The Domain
Company, Wickes, Hancock Fabrics, Bombay Company, Princeton Ski Shops and
Levitz Furniture in their bankruptcy proceedings.

"Cooley is a preeminent advisor to creditors in bankruptcy situations and
we are pleased to be a go-to firm that creditors turn to for counsel in
these proceedings," said Gottlieb. "Given the fact that in 2008, the
number of retail bankruptcies and liquidations is expected to reach the
highest levels since the 1991 recession, we anticipate a high level of
activity for the remainder of the year."

Cooley is one of the top 10 U.S. legal advisors on bankruptcy and
restructuring matters, according to leading business publication The Deal.
The Firm represents secured lenders, official and unofficial creditors'
committees, equity committees, employee and retiree committees, tort
committees, investors in distressed situations, purchasers of assets,
debtors and companies and governmental entities in the negotiation of
complex reorganizations.

About Cooley Godward Kronish LLP

Cooley Godward Kronish's 650 attorneys have an entrepreneurial spirit and
deep, substantive experience, and are committed to solving clients' most
challenging legal matters. From small companies with big ideas to
international enterprises with diverse legal needs, Cooley has the breadth
of legal resources to enable companies of all sizes to seize opportunities
in today's global marketplace. The Firm represents clients across a broad
array of dynamic industry sectors, including technology, life sciences,
real estate, financial services, retail and energy.

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